Japan's retail trade jumped 13.1 percent from the previous month in June 2020, the biggest increase on record, as the economy tries to recover from the coronavirus pandemic shock.
Retail Sales MoM in Japan averaged 0.01 percent from 1992 until 2020, reaching an all time high of 13.10 percent in June of 2020 and a record low of -13.70 percent in April of 1997. This page provides the latest reported value for - Japan Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Ministry of Economy Trade & Industry (METI)
Retail Sales MoM in Japan is expected to be -2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Japan to stand at 1.20 in 12 months time. In the long-term, the Japan Retail Sales MoM is projected to trend around 0.70 percent in 2021 and 0.60 percent in 2022, according to our econometric models.